More stories about Insurance

  • Mandated Renter's Insurance Programs On the Rise

    As mandated renter's insurance programs proliferate in the apartment sector, operators look to tactics from the auto and mortage industries to fill coverage voids.

  • Assurant Acquires SureDeposit

    New York-based specialty insurance provider Assurent has acquired SureDeposit, a provider of alternatives to resident security deposits.

  • Owners in the New Economy: Grappling with Insurance Costs

    Experts like Wadsworth say many multifamily firms—particularly those without risk management units—are not likely to fair as well with renewals this year as property and liability insurance costs continue to increase due to the overall weak economy.

  • New Report Calls for Bold Action to Protect the Country’s Coastlines

    On the heels of the 2009 hurricane season, a coalition of insurers, public officials, risk experts, builders, and conservation groups have released a blueprint of policy changes and common sense actions likely to reduce hurricane-related economic losses along U.S. coastlines by as much as half.

  • Multifamily Insurance Costs Drop... For Now

    Insurance premiums fall at multifamily properties, according to NMHC survey.

  • Protect and Serve: Need For Renter's Insurance Up

    While still in the minority, the number of renters who currently carry renter's insurance may surprise you. According to “What Renters Want”—an online survey of 1,500 active renters across the country conducted by Apartments.com—42.5 percent of apartment residents have a policy in hand...

  • RealPage Offers Financial-Loss Insurance Coverage

    RealPage subsidiary and point-of-lease systems provider LeasingDesk has launched a new insurance supplement offering multifamily property owners a policy that protects against financial loss due to resident-caused damages from fire, smoke, water, or explosion.

  • Florida Vacation

    That screeching noise you're hearing is coming from Florida. It's the sound of a once white-hot apartment sales market grinding to a halt.

  • SPECIAL REPORT: Cause for Alarm

    It was 5:20 a.m. on July 24, 2005, when CEO Bill Donges got the phone call: The Lane Co. condominium project under way in downtown Atlanta's bustling Atlantic Station community was on fire. The news got worse when the four-alarm fire spread to Lane's already-built Art Foundry community nearby.

  • Hard Hits

    Trammell Crow Residential's property insurance this year cost about 60 percent more than last year–and that's one of the success stories. Companies with portfolios that include properties in places such as Florida and the Gulf Coast (hurricane risk), California (earthquake risk), and central...